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An investor has a quadratic utility with a coefficient of risk aversion of 2.4. What is the utility of the investor (to two decimal places)

An investor has a quadratic utility with a coefficient of risk aversion of 2.4. What is the utility of the investor (to two decimal places) of a portfolio that has an expected return of 6.2% p.a. and a standard deviation of returns of 12.1% p.a.? Note: Express expected returns and standard deviations in decimal form.

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